The domestic benchmark equity market indices - Sensex and Nifty - ended the month
of November 2015 in the negative territory, correcting by 1.9% and 1.6%, respectively.
A higher possibility of the Federal Reserve increasing interest rates in December 2015,
as perceived by the market, dampened market sentiments.
In November 2015, among sectoral indices, the top two gainers were the BSE
Consumer Durables Index and the BSE Auto Index, which rose by 5.0% and 4.4%,
respectively. Among the top losers were the BSE Healthcare Index and the BSE Realty
Index, which fell by 9.8% and 2.0%, respectively. Foreign Institutional Investors (FIIs)
were net seller in Indian equities to the tune of ~Rs7,074cr and Domestic Institutional
Investors (DIIs) were net buyers in Indian equities to the tune of ~Rs6,548cr, for the
month of November 2015.
During the month, the BSE Midcap index has outperformed the broader market indices.
We believe mid-cap companies having strong fundamentals have the potential to
outperform the broader market, going forward as well. We are replacing Inox Wind
with Blue Star in our top picks recommendation.
We expect some volatility in the market, ahead of the upcoming review of interest
rates in the US. However, any positive outcome in terms of passing of the Goods and
Services Tax (GST) bill in the winter session of the parliament would be a positive for
the market. Further, declining interest rates, lower current account deficit and
expectation of a stable currency would create positive sentiment for market.
Angel Top Picks - December 2015
Published on 30th December 2015
Related Post
Diwali Picks Report 2025
If we look at our Equity market’s performance from last Samvat as compared to the global p…
Diwali Picks Report 2023
The Indian economy has sustained its growth momentum led by resilient urban demand an…
Angel Top Picks Nov 2022
October witnessed stability – After a strong recovery in month of July and August of …
Diwali Picks Report 2022
The Indian economy has maintained its growth momentum since last Diwali as the economy ope…
Top Picks Report October'22
September witnessed higher volatility – After a strong recovery in month of July and Augus…
Top Pick Report September'22
August sees strong return of FIIs – After a strong recovery of ~10 percent in Jul’22, the …
Top Picks Aug'22
July sees good recovery – The Indian markets posted a ~10percent recovery in Jul21, in lin…
Top Picks July'2022
Slide in the Indian markets continues – The Indian markets declined for the 3rd consecutiv…
Top Picks June'2022
Indian Markets continue give away gains – The Indian markets extended their losing streak …
Diwali Picks Report 2025
If we look at our Equity market’s performance from last Samvat as compared to the global p…
Diwali Picks Report 2023
The Indian economy has sustained its growth momentum led by resilient urban demand an…
Angel Top Picks Nov 2022
October witnessed stability – After a strong recovery in month of July and August of …
Diwali Picks Report 2022
The Indian economy has maintained its growth momentum since last Diwali as the economy ope…
Top Picks Report October'22
September witnessed higher volatility – After a strong recovery in month of July and Augus…
Top Pick Report September'22
August sees strong return of FIIs – After a strong recovery of ~10 percent in Jul’22, the …
Top Picks Aug'22
July sees good recovery – The Indian markets posted a ~10percent recovery in Jul21, in lin…
Top Picks July'2022
Slide in the Indian markets continues – The Indian markets declined for the 3rd consecutiv…
Top Picks June'2022
Indian Markets continue give away gains – The Indian markets extended their losing streak …
Diwali Picks Report 2025
If we look at our Equity market’s performance from last Samvat as compared to the global p…
Diwali Picks Report 2023
The Indian economy has sustained its growth momentum led by resilient urban demand an…
Angel Top Picks Nov 2022
October witnessed stability – After a strong recovery in month of July and August of …
Diwali Picks Report 2022
The Indian economy has maintained its growth momentum since last Diwali as the economy ope…
Top Picks Report October'22
September witnessed higher volatility – After a strong recovery in month of July and Augus…
Top Pick Report September'22
August sees strong return of FIIs – After a strong recovery of ~10 percent in Jul’22, the …
Top Picks Aug'22
July sees good recovery – The Indian markets posted a ~10percent recovery in Jul21, in lin…
Top Picks July'2022
Slide in the Indian markets continues – The Indian markets declined for the 3rd consecutiv…
Top Picks June'2022
Indian Markets continue give away gains – The Indian markets extended their losing streak …
